The problem is that most people get knowledge for trading cryptocurrencies through self-education, while making many mistakes when choosing training material. And each such mistake leads to financial loss, which in turn leads to the duration of the search for truth.

Staking allows to earn passive income. Now cryptocurrency market rise and many people pays attention to new projects with staking to earn more profit on staking.

Yes, of course I use my crypto for my life or for my family.I earn income from here to run my life in a beautiful way.I have made a lot of money from cryptocurrency. However, I made some profit and spent the rest of my money on household chores.I still spend from my cryptocurrency for my education.Because I have no other way to earn money except this cryptocurrency. So I am forced to spend cryptocurrency for my worldly life.

Assuming you trade a lot and are a daytrader and use binance, coinbase and all those exchanges, you need your coins on the exchange to trade.  But when you are done with trading that day, do majority of traders just leave their coins there till the next day?  Now if you are trading it with USD, then no issue then right since the balance would be USD or a portion of your balance is in USD?


If you are doing this with coins like ETH, you are going to pay a ton of fees each way.  Your exchange is going to charge you a fee and you going to pay a decent fee sending it back the next day.  Now imagine having many other altcoins where the fees are similar.  I can' t imagine people are depositing/withdrawing each day?  The deposit/withdraw fees would eat them up if they do ETH or even if they use a lot of other coins because the exchange is going to charge them a flat fee each time.